PROGRAMS IN ECONOMICS

 General Arts Economics Major
A General BA program with a major in Economics is offered.
The requirements for
the program are the same as for the other General Arts programs
and can be found on page
xxx.

 Honours Economics Programs
The Department of Economics offers the following programs:
 I

 Honours Economics
 II

 Honours Economics: Finance and Accounting Option
 III

 Honours Economics: Co-operative Option
 IV

 Honours Economics: Administration Option
 V

 Honours Economics in Combination With Another
Honours Program

    All students must adhere to both the University
regulations and the school/
department regulations unless the written approval of both the
Department and the Dean has been
obtained.
       The following regulations apply to all Honours economics
      programs.
 1.
       Honours Economics students (with the exception of
      third-year co-op students) must
      meet requirements for progression to the next year of their
      program by April 30 of the current
      academic year. Third-year co-op students must meet requirements
      for progression to Fourth Year
      by August 31 of the current academic year.
 2.
       Second and Third Year students who have failed to
      achieve the standing required
      for progression to the next year may, upon the recommendation of
      the Chair and the Dean,
      proceed on academic probation for a period of 12 months. A
      student may proceed on probation
      only once. The terms of probation will be determined by the Chair
      and the Dean.
 3.
       Honours Economics students who have not completed all of
      the courses specified
      for a particular year of their Honours Economics program may
      proceed to the next year of that
      program provided that they satisfy all GPA requirements.
 4.
       Students who have failed a course may proceed in an
      Honours Economics program,
      provided that the required average has been met. Such students
      must repeat a failed course if
      it is a required course. If it is not a course required by the
      program, students may repeat it or
      take an additional course. However, the `F' grade of a course not
      required by the program will
      be included in the student's GPA, if the course is not repeated.
 5.
       In exceptional cases a student may be exempted from
      completion of a required
      course if the appropriate grade has been attained in an
      equivalent or related course.
 6.
       Students may not declare a substitute for a course
      previously attempted.
 7.
       Fourth-year students will normally meet graduation
      requirements by April 30
      (regular) or August 31 (co-op) of the current academic year.
      Fourth-year students who have not
      met all of the requirements for graduation by those dates may
      proceed to meet those
      requirements within one calendar year of those dates. This
      provision does not apply to those
      students who enter fourth year on academic probation and who fail
      to clear probation at the end
      of the probationary period.
 8.
       A student who has successfully completed all of the
      courses of their Honours
      Economics program, but who has not achieved the GPA required for
      graduation from that
      program, may elect to receive a General Bachelor of Arts degree
      in Economics.

 Honours Economics with a Major or Minor in Another
Field
Students in Honours Economics programs may choose to organize
their elective courses in such
a way as to meet the requirements for a major or minor in a
subject other than Economics.
Additional courses may be necessary to fulfill these
requirements, as well as those of the
Honours program. The following regulations will apply.
 1.
       All Common and Special Requirements for the major or
      minor must be fulfilled.
      (See pages xxx and xxx).
 2.
       The student must achieve a GPA of at least 4.50 on all
      courses of the major or
      minor subject, or on all courses counted toward the
      interdepartmental major. This regulation
      does not apply when a greater minimum GPA is required for the
      secondary program chosen.
 3.
       An Honours student may receive designation for one
      General major and/or one
      minor.
 4.
       An Economics course counted toward the Honours program
      in Economics may not
      also be counted toward a General major or minor.

 I Honours Economics
The program consists of 20 full-credit courses (or equivalent). A
minimum of 10 and a
maximum of 14 credits are in Economics. Of these a minimum of
3 and a maximum
of 7 (or equivalent) are Economics electives. Other
requirements are listed below.

 First Year
 Economics courses:
 EC120, EC140
 Mathematics course:
 MA130 (or MA100*)
 Business course:
 BU155
Electives sufficient to total five credits (required plus
elective).

    Progression into the Second Year requires a GPA of
6.00 in EC120 and
EC140 and a GPA of 4.00 in non-economics courses.

 Second Year
 Economics courses:
 EC270, EC285, EC290, EC295
 Mathematics course:
 MA122
 One Economics elective credit
 One and a half elective credits

    Progression into the Third Year requires a
cumulative GPA of 7.00 in
Economics courses and a cumulative GPA of 5.00 in non-economics
courses.

 Third Year
 Economics courses:
 EC355, EC370, EC381, EC390
One Economics elective credit
Two elective credits

    Progression into the Fourth Year requires a
cumulative GPA of 7.00 in
Economics courses and a cumulative GPA of 5.00 in non-economics
courses.

 Fourth Year
 Economics courses:
 EC450 or EC453; EC470, EC481
One and a half Economics elective credits
Two elective credits

    A cumulative GPA of 7.00 in Economics courses and a
cumulative GPA
of 5.00 in non-economics courses required for graduation.

 II Honours Economics: Finance and Accounting Option
The program consists of 20 full-credit courses (or equivalent),
8 of which are in
Economics. A minimum of 2 credits must be Economics electives.
Most of the university credits
required by the Institute of Chartered Accountants of Ontario
(see CA brochure for GP
requirements) are included in this program. Other requirements
are listed below. However,
beginning in the Second Year students should seek counselling,
since additional courses are
required by the Institute of Chartered Accountants.

 First Year
 Economics courses:
 EC120, EC140
 Mathematics course:
 MA130 (or MA100*)
 Business courses:
 BU111, BU121, BU155
Electives sufficient to total five credits (required plus
elective).

    Progression to the Second Year requires a GPA of
6.00 in EC120 and
EC140, a GPA of 6.00 in Business courses and a GPA of 4.00 in
non-economics courses.

 Second Year
 Economics courses:
 EC270, EC285, EC290, EC295
 Mathematics course:
 MA122
 Business courses:
 BU227, BU247, BU231
One Economics elective credit

    Progression to the Third Year requires a cumulative
GPA of 7.00 in
Economics courses, a cumulative GPA of 6.00 in Business courses,
and a cumulative GPA of
5.00 in non-economics courses.

 Third Year
 Economics courses:
 EC355, EC370, EC381, EC390
 Business courses:
 BU357, BU383, BU387, BU393, BU397
One half-credit Economics elective

    Progression into the Fourth Year requires a
cumulative GPA of 7.00 in
Economics courses, a cumulative GPA of 6.00 in Business courses,
and a cumulative GPA of
5.00 in non-economics courses.

 Fourth Year
 Economics courses:
 EC450 or EC453; EC470, EC481
 Business courses:
 Any four of: BU417, BU423, BU433, BU437, BU443, BU447,
BU453, BU456,
BU457, BU463, BU466, BU467, BU473, BU476, BU477, BU483, BU486,
BU487, BU493,
BU496, BU497
One half-credit Economics elective
One credit elective.

    Graduation requires a cumulative GPA of 7.00 in
Economics courses, a
cumulative GPA of 6.00 in Business courses and a cumulative GPA
of 5.00 in non-economics
courses.
Note: Fourth Year students should obtain advice on the selection
of accounting and/or finance
courses from the area co-ordinators of accounting and finance.

 III Honours Economics: Co-operative Option (page xxx)

 IV Honours Economics with Administration Option
The administration option, described under Honours programs arts
and science, is available to
students in an Honours Economics program.

 V Honours Economics in Combination with Another
Honours Program
The combined Honours Economics program consists of 20 full-credit
courses (or equivalent),
of which a minimum of nine are in Economics. Requirements of the
related department must be
met. Other requirements are listed below.

 Required Courses
EC120, EC140, EC270, EC285, EC290, EC295, EC355, EC370, EC381,
EC390, EC450 or
EC453; EC470, EC481 plus two and a half elective credits in
Economics.
MA130 (or MA100*); MA122
BU155

    Progression to the Second Year requires a GPA of
6.00 in EC120, EC140.
For progression to Third and Fourth Years a cumulative GPA of
7.00 is required in Economics
courses.

    A cumulative GPA of 7.00 in Economics courses and a
minimum
cumulative GPA of 5.00 in non-economics courses are required for
graduation. The Department
offering the subject taken in combination may have further
requirements.

 Note:
The following courses are suggested as possible electives for
students taking:
History: EC227, EC237, EC247, and EC317
Geography: EC208, EC218, EC234, EC238, and EC244
Political Science: EC213, EC233, EC303, and EC313